American Contract Bridge League Educational Foundation

Organization Overview

American Contract Bridge League Educational Foundation is located in Horn Lake, MS. The organization was established in 1987. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Contract Bridge League Educational Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, American Contract Bridge League Educational Foundation generated $411.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.6% each year . All expenses for the organization totaled $398.0k during the year ending 12/2021. While expenses have increased by 16.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, American Contract Bridge League Educational Foundation has awarded 30 individual grants totaling $383,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

INCREASE AWARENESS OF CONTRACT BRIDGE

Describe the Organization's Program Activity:

MAKE GRANTS TO SUPPORT THE PURPOSE OF INCREASING PUBLIC AWARENESS AND INSTRUCTING THE PUBLIC ABOUT CONTRACT BRIDGE.


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Board, Officers & Key Employees

Name (title)Compensation
E Kristen Frederick
Executive Director
$111,462
Joel Kramer
President
$0
Robert S Todd
Vice President
$0
Paul Cuneo
Treasurer
$0
Barbara Clark
Secretary
$0
Barbara Heller
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $41,667
All other contributions, gifts, grants, and similar amounts not included above$325,124
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$366,791
Total Program Service Revenue$0
Investment income $44,807
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $411,748

Grants Awarded

Over the last fiscal year, American Contract Bridge League Educational Foundation has awarded $43,700 in support to 3 organizations.

Grant RecipientAmount

Horn Lake, MS

PURPOSE: VARIOUS INTERNAL PROGRAMS

$24,910

AMERICAN CONTRACT BRIDGE LEAGUE

Org PageRecipient Profile

Horn Lake, MS

PURPOSE: DIGITAL TEACHING WORKSHOP

$12,000

ST AUGUSTINE GRADE SCHOOL

PURPOSE: SUMMER CAMP PROGRAM

$6,790
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that American Contract Bridge League Educational Foundation has recieved totaling $29,910.

Awarding OrganizationAmount
American Contract Bridge League Educational Foundation

Horn Lake, MS

PURPOSE: VARIOUS INTERNAL PROGRAMS

$24,910
Maria Torok Foundation Inc

Boston, MA

PURPOSE: TO SUPPORT THE WORK OF THE ORGANIZATION

$3,000
Shell Oil Company Foundation

Houston, TX

PURPOSE: MG

$2,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$141,270
Earnings$18,227
Other Expense$4,845
Ending Balance$154,652

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